描述
⋅ The Adaptive Rebound Line (ARL) focuses on the rebound of price action according to the trend.
While it does not focus on showing the trend, it does help in anticipating price rebounds.
It achieves this by adapting quickly and by reducing lag.
It is recommended to use this with a trend-identifying indicator.
It was inspired by the Hull Moving Average and the KAMA.
Additional indicator show in the chart is Tide Finder Plus.
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⋅ The Adaptive Rebound Line (ARL) focuses on the rebound of price action according to the trend.
While it does not focus on showing the trend, it does help in anticipating price rebounds.
It achieves this by adapting quickly and by reducing lag.
It is recommended to use this with a trend-identifying indicator.
It was inspired by the ALMA and the KAMA .
Additional indicator show in the chart is Tide Finder Plus.
Update 9/10/2022: Added ability to move the line up and down with deviations
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⋅ Minor adjustments.
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⋅ Minor adjustments to make it more user-friendly.
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⋅ Removed redundant code and adjusted for more precision.